Plan Ledger DOL Form 5500 · updated monthly

Info Media Group Inc dba Carenet401(k)

INFO MEDIA GROUP, INC DBA CARENET 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
1.12%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Info Media Group Inc dba Carenet reported $250,390 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~90% of peers. Employer contributions averaged $507 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.86% to 1.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,728th-largest of 5,688 plans among Texas employers on file, and the 3,140th of 11,911 in health care & social assistance. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 1,211 to 2,574 since 2022.

Plan summary
Net assets, end of year$25,225,401
Participants with balances955
Active participants2,574
Employer contributions$1,304,415
Employee contributions$3,609,985
Employer contribution per active participant$507
Average account balance$26,414
Benefits paid to participants$2,278,183
Plan auditUnmodified (clean) audit opinion
AuditorRUSSON & JOHNSTON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 955 accts · $1.3M emplr
2023$19.5M · 823 accts · $1.1M emplr
2022$12.9M · 640 accts · $754K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250,390
Total administrative$250,390
The Info Media Group Inc dba Carenet 401(k) match · 2024
Employer contribution per active participant$507
Median for plans this size$2,416
2024$507 per active participant
2023$562 per active participant
2022$622 per active participant

Info Media Group Inc dba Carenet's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
INTERCONTINENTAL WEALTH ADVISORS LL · Recordkeeping · Pension consulting$125,676
ADP, INC. · Loan processing · Recordkeeping$124,755
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, INTERCONTINENTAL WEALTH ADVISORS LL
2023ADP, INTERCONTINENTAL WEALTH ADVISORS LL

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$250,390 · 1.12%
2023$135,276 · 0.83%
2022$115,830 · 0.86%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Cal Farley's TX$27.0M · 0.44%
U.S. Endo Ss Payroll, LLC TX$26.6M · 0.43%
Rehab Pro Therapy TX$26.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710879286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.